Backup offer Purchase and sale agreement Seller concession 
Housing Wire
MAY 22, 2025
Except for a brief dip in 2023, home prices have increased on a yearly basis since 2012, driven by a prolonged sellers market. Inventory grows, sales shrink Redfin said cooler prices stem from a widening gap between supply and demand. Existing-home sales dropped 1.1% Meanwhile, the total number of homes for sale surged 16.7%
Windemere Buying
JUNE 22, 2022
Sellers will typically request alterations like a higher price, a modification to your contingencies , or an adjustment of closing dates. You can accept or reject the counteroffer or come back with a counteroffer of your own, which may continue for multiple rounds until the two parties reach an agreement. Now you’re ready to close!
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